iShares Russell Mid-Cap ETF $IWR Shares Bought by Midwest Trust Co

Midwest Trust Co grew its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 26.4% during the 1st quarter, Holdings Channel reports. The firm owned 102,419 shares of the company’s stock after purchasing an additional 21,370 shares during the quarter. Midwest Trust Co’s holdings in iShares Russell Mid-Cap ETF were worth $9,958,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Fifth Third Bancorp increased its stake in shares of iShares Russell Mid-Cap ETF by 25.7% during the first quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock worth $247,740,000 after purchasing an additional 521,709 shares in the last quarter. Darwin Wealth Management LLC lifted its stake in iShares Russell Mid-Cap ETF by 65.5% in the 1st quarter. Darwin Wealth Management LLC now owns 2,128 shares of the company’s stock valued at $207,000 after buying an additional 842 shares in the last quarter. Independence Bank of Kentucky lifted its stake in iShares Russell Mid-Cap ETF by 1.8% in the 1st quarter. Independence Bank of Kentucky now owns 89,296 shares of the company’s stock valued at $8,682,000 after buying an additional 1,619 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in iShares Russell Mid-Cap ETF by 23.2% in the 1st quarter. Kestra Advisory Services LLC now owns 312,220 shares of the company’s stock worth $30,357,000 after buying an additional 58,854 shares during the last quarter. Finally, Beam Wealth Advisors Inc. boosted its holdings in iShares Russell Mid-Cap ETF by 5.4% in the 1st quarter. Beam Wealth Advisors Inc. now owns 77,300 shares of the company’s stock worth $7,516,000 after buying an additional 3,970 shares during the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA:IWR opened at $110.02 on Monday. The stock has a 50 day moving average of $107.36 and a two-hundred day moving average of $102.68. iShares Russell Mid-Cap ETF has a 12 month low of $91.36 and a 12 month high of $111.43. The firm has a market cap of $56.93 billion, a P/E ratio of 21.00 and a beta of 1.00.

iShares Russell Mid-Cap ETF Profile

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.